Booz Allen Hamilton Holding Corporation (NYSE:BAH) is projected to declare fiscal fourth quarter financial results right before the stock market’s official open on May 24, 2017. The stock added about 1.4 percent in price since last results when it was at $36.26 a share. Based on the most relevant past-periods data, there is an 65.22 percent probability for this firm’s share price to go up following next quarterly results. Earnings reaction history tells us that the equity price moved up 15 times out of last 23 reported quarters. It has beaten earnings-per-share estimates 66% of the time in its last 12 earnings reports. It fell short of earnings estimates on 2 occasions, and it has met expectations 2 times.
Here’s how traders responded to BAH earnings announcements over the past few quarters.
Booz Allen Hamilton Holding Corporation (BAH) Earnings Surprises & Reaction
Given its history, the average earnings announcement surprise was 1.63 percent over the past four quarters. Back on January 30, 2017, it posted earnings per-share earnings at $0.38 which missed the consensus $0.4 projection (negative surprise of-5%). For the quarter, revenue came in at 1.4B versus consensus estimate of 1.37B. The stock dropped -6.51 percent the session following the earnings reports were released, and on 7th day price change was -4.83 percent.
On November 2, 2016, it reported earnings at $0.46 a share compared with the consensus estimate of $0.43 per share (positive surprise of 6.98%). Revenue of 1.39B for that quarter was above the $1.38B analysts had expected. The stock climbed 3.81% the day following the earnings announcement, and on 7th day price change was 7.39%.
On July 27, 2016, it recorded $0.46 a share in earnings which topped the consensus estimate of $0.44 (positive surprise of 4.55%). Revenue for the quarter was $1.42B while analysts called for revenues to be $1.39B. The stock gained 0.88% the day following the earnings data was made public, and on 7th day price change was -2.3%.
On May 18, 2016, it announced earnings per share at $0.41 versus the consensus estimate of $0.41 per share (negative surprise of 0%). That came on revenues of $1.42B for that period. Analysts had expected $1.37B in revenue.
Booz Allen Hamilton Holding Corporation Earnings Estimates
As Q4 earnings announcement date approaches, Wall Street is expecting earnings per share of $0.48. The analysts’ present consensus range is $0.46-$0.51 for EPS. The market consensus range for revenue is between $1.42B and $1.5B, with an average of $1.47B.
Booz Allen Hamilton Holding Corporation (NYSE:BAH) last ended at $37.16, sending the company’s market cap near $5.57B. The consensus 12-month price target from analysts covering the stock is $40.5. The share price has declined -3.11% from its top level in 52 weeks and dropped 3.53% this year. It recently traded in a range of $36.72-$37.24 at a volume of 1116577 shares. The recent trading ended with the price nearly 3.39 higher for the last 5 trading days, rebounding 40.26% from its 52-week low.